Answer Posted / ashish tiwari

journal entry for booking and payment of expenses
(1) Booking of expenses
Expenses (telephone Exp) A/C D
To Expenses (telephone Exp) Payable A/C

(2) Payment of expenses

Expenses (telephone Exp) Payable A/C
To Bank A/C

Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2243

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What is a ledger?

1076

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please explain all accounting concepts n conventions in detail

2069

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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2321

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hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2710

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What is an accounting loss?

1147

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if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3895

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how to account branches in tally

2411

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whats difference between manufacturing account & cost account

2275

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If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

2449

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SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

2148

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Explain some of the accrued expenses and the accounts in which you would record them?

1071

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Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2139

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Definition of push down accounting

1087

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Explain what is account receivable?

1067

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